Green Marine
APM Terminals to Buy Remaining Shares in Grup Maritim TCB
Dutch container terminal operator APM Terminals has agreed to purchase the remaining 39 per cent of shares in the Barcelona-based Grup Maritim TCB from Perez y Cia, with the overall value of the deal estimated at USD 1 billion. Back in September, APM Terminals bought a 61 per cent share in Grup Mari
APM Terminals to Buy Remaining Shares in Grup Maritim TCB
Dutch container terminal operator APM Terminals has agreed to purchase the remaining 39 per cent of shares in the Barcelona-based Grup Maritim TCB from Perez y Cia, with the overall value of the deal estimated at USD 1 billion. Back in September, APM Terminals bought a 61 per cent share in Grup Mari
Evergas Takes Third Dragon
Danish gas shipping company Evergas has taken delivery of the third 27,000 cbm ‘Dragon Class’ multi-gas carrier from the Sinopacific Offshore & Engineering shipyard in Qidong, China. The third multi gas carrier was named JS Ineos Intrepid, and is a part of a series of four identical vessels ordered
Evergas Takes Third Dragon
Danish gas shipping company Evergas has taken delivery of the third 27,000 cbm ‘Dragon Class’ multi-gas carrier from the Sinopacific Offshore & Engineering shipyard in Qidong, China. The third multi gas carrier was named JS Ineos Intrepid, and is a part of a series of four identical vessels ordered
Star Bulk Reassigns Newbuilding Lease, Sells Old-Timer
Nasdaq-listed dry bulk specialist Star Bulk Carriers Corp. has reassigned a lease for a recently delivered newbuilding vessel back to its owner for a one‐time payment to Star Bulk of USD 5.8 million. The 61,258 dwt Ultramax M/V Star Antares was delivered to Star Bulk from China’s Nantong COSCO KHI‐S
Star Bulk Reassigns Newbuilding Lease, Sells Old-Timer
Nasdaq-listed dry bulk specialist Star Bulk Carriers Corp. has reassigned a lease for a recently delivered newbuilding vessel back to its owner for a one‐time payment to Star Bulk of USD 5.8 million. The 61,258 dwt Ultramax M/V Star Antares was delivered to Star Bulk from China’s Nantong COSCO KHI‐S
Oil Lifts Port of Rotterdam
Cargo volumes at the port of Rotterdam, Europe’s largest port, increased by 5.4% in the first nine months of 2015, driven by a surge in the handling of crude oil and oil products, with the containerized cargo volume remaining flat. The handling of oil products at the port increased by 22.1%. The thr
Oil Lifts Port of Rotterdam
Cargo volumes at the port of Rotterdam, Europe’s largest port, increased by 5.4% in the first nine months of 2015, driven by a surge in the handling of crude oil and oil products, with the containerized cargo volume remaining flat. The handling of oil products at the port increased by 22.1%. The thr
Cyprus Clears Russian Maritime Register of Shipping
The Maritime Administration (MA) of the Republic of Cyprus has completed the audit of Russian Maritime Register of Shipping (RS) as a recognized organization. The aim of the audit held in October 2015 was to confirm RS compliance, as a recognized organization, with the requirements of applicable ins
Cyprus Clears Russian Maritime Register of Shipping
The Maritime Administration (MA) of the Republic of Cyprus has completed the audit of Russian Maritime Register of Shipping (RS) as a recognized organization. The aim of the audit held in October 2015 was to confirm RS compliance, as a recognized organization, with the requirements of applicable ins
UNCTAD: Commercial Fleet Marks Slowest Annual Growth in a Decade
The world’s commercial fleet grew less and got older in 2014 than in any other 12-month period in over a decade, with the effects of mergers in liner shipping becoming more prominent, the UNCTAD Review of Maritime Transport 2015 reveals. At the beginning of 2015, the fleet totalled 89,464 vessels, w
UNCTAD: Commercial Fleet Marks Slowest Annual Growth in a Decade
The world’s commercial fleet grew less and got older in 2014 than in any other 12-month period in over a decade, with the effects of mergers in liner shipping becoming more prominent, the UNCTAD Review of Maritime Transport 2015 reveals. At the beginning of 2015, the fleet totalled 89,464 vessels, w
Hijackers Board Oil Tanker off Indonesia
The Liberia-flagged oil/products LR tanker MT Almi Spirit was boarded by six pirates in the Strait of Singapore today, Admiral Datuk Ahmad Puzi Ab Kahar, the Director General of Malaysian Maritime Enforcement Agency (MMEA), reported via Twitter. The six men boarded the 2007-built tanker at around 7
Hijackers Board Oil Tanker off Indonesia
The Liberia-flagged oil/products LR tanker MT Almi Spirit was boarded by six pirates in the Strait of Singapore today, Admiral Datuk Ahmad Puzi Ab Kahar, the Director General of Malaysian Maritime Enforcement Agency (MMEA), reported via Twitter. The six men boarded the 2007-built tanker at around 7